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GIC Housing Finance inks pact with IMGC
Jan-13-2025

GIC Housing Finance (GICHFL) has entered into partnership with India Mortgage Guarantee Corporation (IMGC) to offer innovative mortgage guarantee-backed home loan products. This strategic collaboration aims to introduce innovative mortgage guarantee-backed home loan products to prospective salaried and self-employed home loan customers, specifically designed to enhance accessibility and affordability in the growing housing finance sector. By combining IMGC's expertise in mortgage guarantees with GICHFL's extensive network, the partnership will enable it to offer more flexible and secure home loan products to a wider range of borrowers.

GIC Housing Finance was formed with the objective of entering in the field of direct lending to individuals and other corporates to accelerate the housing activities in India. The primary business of the company is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.   


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